TNK - Teekay Tankers Ltd.

NYSE - NYSE Delayed Price. Currency in USD
1.05
-0.04 (-3.67%)
At close: 4:02PM EDT
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Previous Close1.09
Open1.11
Bid1.03 x 40700
Ask0.00 x 40700
Day's Range1.04 - 1.11
52 Week Range1.04 - 2.20
Volume2,363,308
Avg. Volume946,130
Market Cap281.987M
Beta1.29
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.12 (10.17%)
Ex-Dividend Date2018-03-02
1y Target EstN/A
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEventsyesterday

    Edited Transcript of TNK earnings conference call or presentation 17-May-18 5:00pm GMT

    Q1 2018 Teekay Tankers Ltd Earnings Call

  • Why Teekay Corporation Stock Dropped 16% Today
    Motley Fool3 days ago

    Why Teekay Corporation Stock Dropped 16% Today

    Investors expected Teekay to lose money -- just not this much money.

  • Is It Too Late To Buy Teekay Tankers Ltd (NYSE:TNK)?
    Simply Wall St.4 days ago

    Is It Too Late To Buy Teekay Tankers Ltd (NYSE:TNK)?

    Teekay Tankers Ltd (NYSE:TNK), an energy company based in Bermuda, received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing toRead More...

  • Associated Press4 days ago

    Teekay Tankers: 1Q Earnings Snapshot

    On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 7 cents. Losses, adjusted for non-recurring gains, came to 8 cents per share. The results met Wall Street expectations. The ...

  • Week 18: Where Are Bunker Fuel Prices Heading?
    Market Realist10 days ago

    Week 18: Where Are Bunker Fuel Prices Heading?

    Previously in this series, we discussed that crude tanker stocks had a mixed return in week 18—the week ending on May 4. Average VLCC (very large crude carrier) rates rose from the previous week and are above $10,000 after many weeks. Suezmax rates dropped in week 18. In this part of the series, we’ll see how bunker fuel prices fared in week 18.

  • Week 18: Average VLCC Rates Rose above $10,000
    Market Realist10 days ago

    Week 18: Average VLCC Rates Rose above $10,000

    According to Weber’s weekly report, higher bunker prices and a modest improvement in demand saw small gains in VLCC rates. In the Middle East market, VLCC fixture activity was 22 in week 18 (week ending May 4)—compared to 28 fixtures the previous week. The demand in the Atlantic Americas was stronger and rose to nine fixtures from four the previous week. VLCC fixtures in West Africa remain unchanged from the previous week.

  • DHT Holdings: Analysts’ Recommendations in May
    Market Realist12 days ago

    DHT Holdings: Analysts’ Recommendations in May

    We already looked at what Wall Street analysts expect for DHT Holdings’ revenue and EBITDA (earnings before interest, tax, depreciation, and amortization). Now, we’ll look at what analysts recommend for DHT Holdings and its peers.

  • Analysts’ Expectations for DHT Holdings’ 1Q18 Earnings
    Market Realist12 days ago

    Analysts’ Expectations for DHT Holdings’ 1Q18 Earnings

    As we saw in the previous part of this series, Wall Street analysts expect DHT Holdings’ 1Q18 revenue to fall 31.3% YoY (year-over-year). In this part, we’ll see what analysts expect for DHT Holdings’ EBITDA (earnings before interest, tax, depreciation, and amortization) for 1Q18 and 2018.

  • DHT Holdings: 1Q18 Revenue Is Expected to Drop
    Market Realist12 days ago

    DHT Holdings: 1Q18 Revenue Is Expected to Drop

    As we discussed in Market Realist’s weekly crude tanker series throughout the quarter, VLCC and Suezmax rates were pretty low in 1Q18. Crude tanker companies with high exposure to the spot market will likely see their 1Q18 revenues fall. DHT Holdings has ~73% of its fleet in the spot market. As a result, DHT Holdings’ 1Q18 revenue will likely fall.

  • Where Did Bunker Fuel Prices Head in Week 17?
    Market Realist17 days ago

    Where Did Bunker Fuel Prices Head in Week 17?

    Previously in this series, we discussed that most of the crude tanker stocks fell in the week 17—the week ending on April 27. VLCC (very large crude carrier) rates dropped and are still below $10,000. Suezmax rates also rose in week 17. In this part of the series, we’ll see how bunker fuel prices fared in week 17.

  • VLCC Rates below $10,000 for the Third Consecutive Week
    Market Realist17 days ago

    VLCC Rates below $10,000 for the Third Consecutive Week

    According to Weber’s weekly report, VLCC (very large crude carrier) rates lacked a clear direction in week 17 with positive and negative pressure. In the Middle East market, 27 fixtures were reported in week 17—the week ending April 27. The fixtures were 11 less than the previous week.

  • Euronav: Recycling Is Encouraging for the Tanker Industry
    Market Realist19 days ago

    Euronav: Recycling Is Encouraging for the Tanker Industry

    In this part, we’ll discuss what Euronav (EURN) said about the crude tanker industry in its 1Q18 conference call. The outlook will help us assess the future for Euronav and other crude tanker companies including Teekay Tankers (TNK), Tsakos Energy Navigation (TNP), DHT Holdings (DHT), Frontline (FRO), Navios Maritime Midstream Partners (NAP), and Nordic American Tankers (NAT).

  • Updates on the Euronav and Gener8 Maritime Merger
    Market Realist19 days ago

    Updates on the Euronav and Gener8 Maritime Merger

    Euronav (EURN) and Gener8 Maritime Partners’ (GNRT) merger should will close towards the end of 2Q18—subject to Gener8 shareholders’ vote. The merger will require approval from most of Gener8 Maritime Partners’ shareholders. If the deal is terminated under certain circumstances, Gener8 Maritime Partners might be required to pay $39 million as a termination fee to Euronav.

  • Euronav’s Financial Position after Its 1Q18 Results
    Market Realist19 days ago

    Euronav’s Financial Position after Its 1Q18 Results

    Managing finances, especially for highly leveraged companies, is very important. Euronav (EURN), just like other crude oil tanker companies, is highly leveraged.

  • Euronav’s Costs and Earnings in 1Q18
    Market Realist20 days ago

    Euronav’s Costs and Earnings in 1Q18

    Euronav’s (EURN) central cash costs include voyage expenses and vessel operating expenses. In 1Q18, Euronav’s vessel operating expenses accounted for ~28% of its total operating expenses. Euronav’s voyage expenses accounted for 15% of its total operating expenses.

  • Analyzing Euronav’s Revenues in 1Q18
    Market Realist20 days ago

    Analyzing Euronav’s Revenues in 1Q18

    Euronav (EURN) recorded revenues of $98.13 million in 1Q18—compared to $117.9 million in 4Q17. Since the crude oil tanker industry is characterized by seasonality, comparing YoY (year-over-year) revenues makes more sense. Compared to revenues of $164.1 million in 1Q17, Euronav’s 1Q18 revenues were 40.2% lower YoY.

  • Euronav Posted Lower 1Q18 Results, Stock Fell
    Market Realist20 days ago

    Euronav Posted Lower 1Q18 Results, Stock Fell

    Euronav announced its 1Q18 results on April 25. Euronav’s (EURN) revenues and EBITDA (earnings before interest, tax, depreciation, and amortization) fell YoY (year-over-year) in 1Q18.

  • Are Options Traders Betting on a Big Move in Teekay Tankers (TNK) Stock?
    Zacks23 days ago

    Are Options Traders Betting on a Big Move in Teekay Tankers (TNK) Stock?

    Surging implied volatility makes Teekay Tankers (TNK) stock lucrative to the option traders.

  • Tsakos Energy Navigation Has a ‘Buy’ Rating
    Market Realist23 days ago

    Tsakos Energy Navigation Has a ‘Buy’ Rating

    According to Reuters, the consensus rating for Tsakos Energy Navigation (TNP) is 2, which means a “buy.” The company has had a consensus “buy” rating for more than a year.

  • Navios Maritime Midstream Partners: What to Expect
    Market Realist24 days ago

    Navios Maritime Midstream Partners: What to Expect

    According to Reuters, the consensus rating for Navios Maritime Midstream Partners (NAP) is 3.7, which means a “sell.”

  • JPMorgan Chase Upgraded Navios Maritime Midstream Partners
    Market Realist24 days ago

    JPMorgan Chase Upgraded Navios Maritime Midstream Partners

    In this part, we’ll discuss analysts’ revisions for crude tanker companies in week 16—the week ending April 20.

  • Frontline: What Do Analysts Expect in 1Q18?
    Market Realist25 days ago

    Frontline: What Do Analysts Expect in 1Q18?

    Below are the consensus ratings for other crude oil tanker companies on a scale of one (strong buy) to five (strong sell): Nordic American Tankers (NAT): 3.5 or a “hold” Gener8 Maritime (GNRT): 2.2 or a “buy” Teekay Tankers (TNK): 2.7 or a “hold” Euronav (EURN): 2 or a “buy” Analysts’ recommendations

  • Teekay Tankers: Analysts Give Potential Upside of 58%
    Market Realist25 days ago

    Teekay Tankers: Analysts Give Potential Upside of 58%

    According to Reuters’ consensus, Teekay Tankers’ (TNK) revenue will be ~$91.6 million in 1Q18—compared to $105.2 million in 4Q17 and ~$100.6 million in 1Q17. Along with a fall in revenues, analysts expect a fall in Teekay Tankers’ EBITDA (earnings before interest, tax, depreciation, and amortization).

  • Crude Tanker Stocks: Analysts’ 1Q18 Estimates
    Market Realist25 days ago

    Crude Tanker Stocks: Analysts’ 1Q18 Estimates

    Crude tanker rates went through a tough period in 2017. In 3Q17, crude tanker rates hit extremely low levels and were below the break-even point. The rate decline continued into 1Q18. Tanker rates have remained weak since the beginning of 2018. VLCC (very large crude carriers) and Suezmax rates dropped below $10,000 per day in 1Q18.

  • Did Bunker Fuel Prices Rise in Week 16?
    Market Realist25 days ago

    Did Bunker Fuel Prices Rise in Week 16?

    Previously in this series, we discussed that most of the crude tanker stocks rose in the week 16—the week ending April 20. VLCC (very large crude carrier) rates rose but are still below $10,000. Suezmax rates also rose in week 16. In this part of the series, we’ll see how bunker fuel prices fared in week 16.